President Trump and several members of his family sued Deutsche Bank and Capital One seeking to prevent them from responding to congressional subpoenas.
The suit — filed in U.S. District Court in Manhattan by the president, his sons Donald Jr. and Eric, his daughter Ivanka and several Trump properties — says the subpoenas"have no legitimate or lawful purpose."
"The subpoenas were issued to harass President Donald J. Trump, to rummage through every aspect of his personal finances, his businesses, and the private information of the president and his family, and to ferret about for any material that might be used to cause him political damage," it alleges."No grounds exist to establish any purpose other than a political one."
The suit alleges that Intelligence Chairman Adam Schiff and Financial Services Chairwoman Maxine Waters, both D-Calif., have refused to provide the Trumps with copies of the subpoenas,"preventing them from even knowing, let alone negotiating, the subpoenas' scope or breadth."
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